Monthly Vanadium Market Report Oct 2024
2024-11-13 08:31:32 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Prices of Chinese ammonium metavanadate rose sharply at the beginning but decreased in mid-October and then stayed unchanged at the end of October.and then decreased twice, finally stood stable at the end of October 2024. Vanadium pentoxide flake 98%min, vanadium pentoxide powder, ferrovanadium 50%min and vanadium nitride N 14%min moved up too in the first half month of October and then declined slightly and then remained steady for about a week due to the steady demand and finally rose again at the end of the month.
Though the weak demand of the downstream, the European and American markets prices of vanadium related products remained relatively firm in whole October due to firm cost of suppliers.
Prices of Chinese ammonium metavanadate rose sharply at the beginning but decreased in mid-October and then stayed unchanged at the end of October.and then decreased twice, finally stood stable at the end of October 2024. Vanadium pentoxide flake 98%min, vanadium pentoxide powder, ferrovanadium 50%min and vanadium nitride N 14%min moved up too in the first half month of October and then declined slightly and then remained steady for about a week due to the steady demand and finally rose again at the end of the month.
Though the weak demand of the downstream, the European and American markets prices of vanadium related products remained relatively firm in whole October due to firm cost of suppliers.
